Lake Oswego Corporation

Nonprofit profile at a glance

EIN
930208571
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Lake Oswego, OR, USA
Phone
5036361422
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,288,076
Expenses
$2,921,075
Assets
$8,043,688
Liabilities
$354,943

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • JUSTIN HARNISH (PRESIDENT)
  • DOUG WOODCOCK (VICE PRESIDENT)

Highest reported compensation

  • JEFF WARD (GENERAL MANAGER): $219,718 total reported compensation
  • GABRIEL WINFREY (ASSISTANT GENERAL MANAGER): $151,915 total reported compensation
  • CHRISTINA BAILEY (OFFICE MANAGER): $127,490 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a safe and clean environment for the residents of lake oswego and preserve the natural resources of the lake.

What it reported doing in 2025

The lake oswego corporation (loc) provides stewardship, safety oversight, and environmental management services for 698 lakefront properties and approximately 3,500 easement-eligible properties. To serve this community, the corporation delivers year-round operational and evironmental services including:-lake patrol & safety enforcement: routine daily patrol coverage during peak season and scheduled off-season monitoring to ensure boating safety, rule compliance, emergency response readiness, and protection of life and property. This includes hundreds of patrol hours annually, safety inspections, incident response, and member assistance.-water quality management: ongoing testing, monitoring, and treatment of lake water to maintain safe recreational conditions and ecological balance. Services include regular sampling, laboratory analysis, algae and invasive species control, aeration, and coordinated environmental management practices to protect water clarity and public health.-power generation operations: management and maintenance of hydroelectric and related infrastructure that supports lake level regulation and contributes to reliable, efficient operations. Administrative & member services: oversight of easements, registrations, compliance, and communications serving thousands of households, including processing permits, maintaining records, and responding to member inquiries.through these combined efforts, the loc conducts thousands of service hours annually to maintain safe recreation, clean water, environmental sustainability, and reliable infrastructure, ensuring that oswego lake remains a protected and valuable resource.

Operating model

Revenue model
Other-operating. 96% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 71
  • Accountability: 84
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.2%; rating input score 74
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 11.2%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 2.75; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 17.1%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 3.5% per year; rating input score 100; 25th percentile among comparable filings

Details

  • Where the money goes: 74.2% of revenue deployed · 82.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $220K · 15 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Review — Sustainability: Operating margin scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.